Category: Crypto News, News
Can XRP Hit $5 after Trump Says U.S. Crypto Strategic Reserve to Include XRP
In breaking crypto news, XRP remarkably surged near $3 after U.S. President Donald Trump announced its inclusion in the strategic crypto reserve, while JetBolt (JBOLT) demonstrated an amazing ascent after it sold nearly 340 million tokens since launch. XRP’s price spiked 34% after the announcement, but can it sustain momentum and finally hit the elusive $5 mark while Trump is president? Meanwhile, JetBolt, the rising altcoin with zero-gas technology, is making headlines with its impressive presale feat. Could JetBolt’s meteoric ascent signal the dawn of the next major altcoin? Let’s dive into the latest updates on JetBolt (JBOLT) and XRP.
XRP Price Forecast: Can XRP Break $5 Under Trump’s Presidency?
After trading in the red for the past month, XRP, the native token of XRPL, is now showing gains and is trading at around $2.64.
Chart of XRP’s price action over the past week, alongside its key metrics from CoinMarketCap
The inclusion of XRP in the U.S. Crypto Strategic Reserve has reignited discussions about whether the third-largest crypto by market cap could reach the $5 mark during Trump”s tenure. Following Trump’s latest announcement on Truth Social, XRP’s price surged from $2.16 to $2.96, adding $44 billion to its market capitalization.
The President’s Working Group on Digital Assets is set to include XRP, alongside Solana’s SOL, Cardano’s ADA, Bitcoin’s BTC, and Ethereum’s ETH, in the crypto strategic reserve.
Back to XRP’s price—can it really reach $5?
According to Bob Mason’s report on FXEmpire, XRP’s price direction hinges on three key factors. First is the impact of further details on the U.S. Crypto Strategic Reserve on XRP’s price. Second, if the U.S. Securities and Exchange Commission (SEC) drops its appeal in the Ripple-SEC case, XRP could surge past its all-time high of $3.40, achieved in 2021. However, this ongoing legal battle could also drag XRP down to $1.50.
Last is the approval of an XRP spot ETF, which, if it materializes, could drive institutional inflows toward the cryptocurrency, possibly paving the way for a $5 rally.
Despite these positive projections, it remains challenging to accurately predict whether XRP can reach $5, as other market conditions could still influence its trajectory.
JetBolt (JBOLT) Experiences an Incredible Ascent—Here’s Why
While XRP garnered massive attention after Trump’s big announcement, JetBolt (JBOLT) is experiencing an incredible ascent, fueled by its red-hot presale. Since its presale began, JetBolt has sold nearly 340 million tokens.
What could be driving this new altcoin’s phenomenal presale run? JetBolt’s appeal lies in its advanced features. At the core of JetBolt’s rising momentum is its game-changing zero-gas technology, which eliminates costly gas fees that add friction to crypto users’ blockchain transactions.
Another feature contributing to JetBolt’s spectacular presale rush is its fun and beginner-friendly crypto-staking platform. While most traditional staking models are complex and intimidating, especially for crypto newcomers, JetBolt offers an intuitive alternative. It even lets users earn exciting rewards as they stake their tokens and engage with friends on the platform.
JetBolt may also be attracting early buyers because of the high-tech news, data, and market insights page powered by artificial intelligence. This unique AI utility can showcase various third-party Web3 news and other blockchain-based stories, automatically sorted according to positive, neutral, or negative sentiment. But that’s not all. It can also display important data on the top cryptocurrencies based on market capitalization.
JetBolt’s presale is in full swing. It offers enthralling presale perks for early buyers, which could be another reason fueling the buying spree on JBOLT tokens. Early adopters can get additional tokens when they purchase Alpha Boxes or JBOLT tokens in bundles.
Combined, JetBolt’s cutting-edge features and presale bonuses propel its surging momentum in the crypto arena.
Conclusion — XRP’s Price Route under the Trump Administration and JetBolt’s Momentum
XRP’s inclusion in the U.S. Crypto Strategic Reserve has revitalized its journey toward the $5 milestone. However, the crypto market remains volatile, and even with a crypto-friendly Trump administration, there’s no guarantee that XRP will reach such heights. Meanwhile, JetBolt’s astounding sales highlight how its presale perks and features seem irresistible for savvy altcoin buyers.
Learn more about JetBolt’s explosive presale by checking out the official JetBolt website today.
This piece does not provide financial advice. All cryptocurrencies are risky and inherently volatile. Always carry out in-depth research before acquiring any crypto asset.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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